Central Bank

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The number of new homes built in Dublin tumbled 17 per cent in the three months ended June 30th, according to research by stockbrokers Goodbody.

Builders are slowing the rate at which they finish new homes as high prices put off potential buyers, a report published on Thursday says. The number(...)

Four reits – Green, Hibernia, Yew Grove and I-Res – listed on the Irish Stock Exchange between 2013 and last year. They own about €3.7 billion worth of property. Photograph: Cyril Byrne

Dividends paid by real-estate investment trusts (reits) to their shareholders multiplied by almost 10 times to €93.5 million over the four years to 20(...)

Brendan Burgess addressing a Bank of Ireland AGM in UCD. Photograph: David Sleator/The Irish Times

High profile consumer advocate Brendan Burgess has suggested that nobody lost their home as a result of being denied a low-cost tracker mortgage, in s(...)

Derville Rowland, director general of financial conduct at the Central Bank. Photograph: Nick Bradshaw

The full impact of the tracker mortgage scandal was laid bare in the Central Bank of Ireland’s final report on the issues on Tuesday. It made for depr(...)

PTSB paid a record fine of €21m following Central Bank investigation on overcharging. Photograph: Bryan O’Brien

The Central Bank’s final report on the tracker mortgage fiasco showed that the number of impacted customers grew by 300 cases in the first five months(...)

Photograph: Brenda Fitzsimons

The Iseq all-share index climbed 0.92 per cent on Tuesday as a result of gains by index heavyweight CRH and budget airline Ryanair. While the Irish (...)

The figures from the Central Bank’s final report on the tracker mortgage scandal  are shocking: 41,000 customers have been paid €683 million in redress and compensation and 99 lost their home as a consequence of what happened. Photograph: Alan Betson

The investigation into the tracker mortgage scandal has been underway since 2015 and the broad scale of what happened has gradually become clear. Yet (...)

The Central Bank said in its  report that it had judged some of the banks’ initial redress and compensation plans to be “materially deficient”

What is the tracker scandal about? The Republic’s biggest bank overcharging scandal can be traced back to the start of the financial crisis. Banks m(...)

A total of €683 million in refunds and compensation have been paid out by mortgage lenders, representing 98 per cent of the affected borrowers

The Republic’s tracker mortgage scandal, stretching back more than a decade, has resulted in the loss of 315 homes and buy-to-let properties through r(...)

Ryan Pandya (left) and Perumal Gandhi of Perfect Day, the Cork-born biotechnology company has begun selling an ice cream free of animal products, which has been developed using a lab-grown protein

The percentage of mortgage holders prepared to switch providers in search of better value has doubled in the last three years, and is significantly hi(...)

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